MJP International announced that it has engaged Alpha Energy to develop a plan for a 5,000-kW solar-powered energy generation plant in the U.S. with an estimated cost of approximately $20,000,000.
Alpha Energy will, among other things, advise the company about a suitable site for the plant, which will have to be around 25 acres nearby high-voltage power lines for more economical access to feeding the grid. The study will also encompass environmental impacts (such as potential wildlife and endangered species), permitting and zoning as well as energy assessments.
“We are very pleased to have begun laying the groundwork for this significant project and are considering sites in California, Arizona and Nevada at the moment,”said Tong Tang, CEO of MJP International. “A 5-MW power plant is a serious project that, if successful, would cement the company as an important participant in the American solar industry.”
The company plans to finance the cost of the build-up from private equity, and will benefit from the project by being the exclusive provider of solar panels and related equipment. It will also seek a contractual maintenance agreement for a period of 10 years.
News item from MJP International